See peer percentile detail. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
See the 3-year trajectory. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY1+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $26,942 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $58,331 | $72,254-19.3% | $86,677-32.7% | $64,808-10.0% |
| Participation rate | 27.5% | 80.4%-52.9pp | 76.6%-49.1pp | 71.5%-44.0pp |
| Annual return | 232.55% | 392.42%-159.9pp | 35.91%+196.6pp | 32.82%+199.7pp |
| Employer contribution / active EE | $1,463 | $2,393-38.8% | $2,836-48.4% | $2,506-41.6% |
| Participant deferral / active EE | $1,940 | $4,658-58.3% | $4,656-58.3% | $4,310-55.0% |
| Admin fee / account holder | $93 | $174-46.7% | $7,493-98.8% | $188-50.6% |